By Sohini Podder, Niket Nishant 1 Min Read REUTERS/Mark Blinch (Reuters) – Daimler AG-backed car-sharing marketplace Turo Inc on Monday confidentially filed paperwork with regulators for an initial public offering in the United States. Turo is the latest to explore going public this year, after a string of debuts including SoftBank-backed Full Truck Alliance, electric-vehicle… Continue reading UPDATE 1-Car-sharing marketplace Turo files confidentially for U.S. IPO
Tag: Mobility
Hyundai’s Tucson Earns Highest Safety Rating TSP+ by IIHS
“Hyundai’s commitment to ‘safety first’ is our highest priority,” said Brian Latouf, chief safety officer, Hyundai Motor North America. “We are extremely proud of the 2022 Tucson’s recent TOP SAFETY PICK+ rating and continuing Hyundai’s industry leadership in IIHS awards. Our commitment to safety is paramount.” To qualify for IIHS TOP SAFETY PICK+, the higher… Continue reading Hyundai’s Tucson Earns Highest Safety Rating TSP+ by IIHS
The Station: An ADAS business bidding war, the gig worker fight heats up and Biden’s executive order
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before… Continue reading The Station: An ADAS business bidding war, the gig worker fight heats up and Biden’s executive order
Turo Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
SAN FRANCISCO, Aug. 9, 2021 /PRNewswire/ — Today, Turo Inc. announced that it has confidentially submitted a draft Registration Statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the… Continue reading Turo Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
General Motors Chair and CEO Mary Barra to Deliver Opening Keynote at CES 2022
ARLINGTON, Va., Aug. 9, 2021 /PRNewswire/ — The Consumer Technology Association (CTA)® today announced that General Motors (GM) Chair and CEO Mary Barra will deliver the opening keynote at CES® 2022, the world’s most influential technology event. Barra will return to the CES keynote stage, sharing GM’s vision for mass adoption of electric vehicles. She will show how technology… Continue reading General Motors Chair and CEO Mary Barra to Deliver Opening Keynote at CES 2022
Utility Vehicle Market to Reach $51.69 Bn, Globally, by 2030 at 9.4% CAGR: Allied Market Research
PORTLAND, Ore., Aug. 9, 2021 /PRNewswire/ — Allied Market Research recently published a report, titled, “Utility Vehicle Market by Vehicle Type (Sport Utility Vehicle (SUV), Multi Utility Vehicle (MUV), Utility Terrain Vehicle (UTV), and Others), Application (Passenger Commute, Industrial, Agricultural, Sports, and Others), and Propulsion (IC Engine Powered, Electric Powered, and Others): Global Opportunity Analysis… Continue reading Utility Vehicle Market to Reach $51.69 Bn, Globally, by 2030 at 9.4% CAGR: Allied Market Research
Uber: Uber Announces Proposed $1.5 Billion Senior Notes Offering
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it proposes to offer $1.5 billion principal amount of Senior Notes due 2029 (the “notes”), subject to market conditions and other factors. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act… Continue reading Uber: Uber Announces Proposed $1.5 Billion Senior Notes Offering
Log 9 Materials raises Rs 63 crore in Series A+ Funding led by Amara Raja Batteries
Bangalore-based advanced battery-tech start-up Log 9 Materials has raised $8.5 million (Rs 63 crore) in Series A+ Funding round, which was led by Amara Raja Batteries (ARBL). The start-up says ARBL’s investment in Log 9 Materials is a part of the ‘Energy & Mobility’ strategy announced by the Amara Raja in June, which focuses on… Continue reading Log 9 Materials raises Rs 63 crore in Series A+ Funding led by Amara Raja Batteries
Volta Charging Announces New Station Installation in Westfield, New Jersey
Founded on the premise that the electrification of mobility is likely to be a transformational shift, Volta Charging builds and operates a nationwide EV charging network that has among the best utilization per station in the EV charging industry for the United States. Centered around capturing new spending habits expected to result from the shift… Continue reading Volta Charging Announces New Station Installation in Westfield, New Jersey
Latha Chembrakalam appointed Head of Continental Technical Center India
Latha Chembrakalam: “With the current technological transformation in the industry, R&D plays a key role in ensuring the right value to the customer. I am excited to join the Continental family.” Technology company Continental has appointed Latha Chembrakalam as the new head of its in-house R&D facility – Technical Center India (TCI). Latha will be… Continue reading Latha Chembrakalam appointed Head of Continental Technical Center India